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For sale
  • $755,000

    74-5057 Palani Rd, Kailua Kona, HI 96740

    3beds
    1,473sqft
    : 
    $4,819/mo
    Get pre-qualified
    Single Family Residence
    Built in 1962
    8,325 Square Feet Lot
    $706,700 Zestimate®
    $513/sqft
    $-- HOA

    What's special

    Small ocean viewCovered lanaiLarge fireplaceSeparate guest quartersRoom for a boatSurrounded by rock wallsSingle-level main home
    This property presents an opportunity to renovate and create a home that fits your vision. Surrounded by rock walls, the property features a single-level main home, flexible living spaces, generous parking, mature fruit trees, multiple storage areas, a large private patio, and even room for a boat. The single-level main home features 2 bedrooms and 2 bathrooms, a spacious dining area, large fireplace, and a flexible living space with an oversized sliding door that opens to a private patio, creating an easy connection between indoor and outdoor living. The covered lanai adds another inviting place to relax, dine, or enjoy the small ocean view. A detached guest studio adds valuable flexibility with a loft, kitchenette, and full bathroom, creating a private and versatile space for visiting guests, extended family, a home office, or additional living space. Conveniently located close to town, this property offers separate guest quarters, ample parking, generous outdoor space, and a versatile single-level floor plan, creating plenty of potential for multi-generational living or for a buyer ready to renovate and make it their own.
    2 days
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    1,363
    |
    75
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    Zillow last checked:

    Listing updated:

    Listed by:

    Leeana Runningbear 8087855581,

    Hawaii Life,

    Edward L Barry 808-960-1212,

    Hawaii Life

    Source: Hawaii Information Service,MLS#: 732709MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 3
      • Bathrooms: 3
      • Full bathrooms: 3
      Heating
      • None
      Cooling
      • None
      Appliances
      • Included: Dryer, Range, Refrigerator, Washer
      Features
      • Has fireplace: Yes
      • Fireplace features: Wood Burning
      • Common walls with other units/homes: No Unit Above or Below
      Interior area
      • Total structure area: 1,473
      • Total interior livable area: 1,473 sqft

      Property

      Parking
      • Parking features: Attached, Covered
      Features
      • Levels: One
      • Has view: Yes
      • View description: Ocean Horizon
      • Has water view: Yes
      • Water view: Ocean
      Lot
      • Size: 8,325 Square Feet
      • Features: Dead End
      Details
      • Parcel number: 3740090640000
      • Zoning: RS-10
      • Special conditions: Fee Simple,Standard

      Construction

      Type & style
      • Home type: SingleFamily
      • Property subtype: Single Family Residence
      Condition
      • Year built: 1962

      Utilities & green energy

      • Sewer: Cesspool
      • Water: Public
      • Utilities for property: Cable Available, Electricity Available, Phone Available, Water Available

      Community & HOA

      Community
      • Subdivision: KAILUA HEIGHTS SUBDIVISION
      Location
      • Region: Kailua Kona

      Financial & listing details

      • Price per square foot: $513/sqft
      • Tax assessed value: $614,600
      • Annual tax amount: $6,822
      • Date on market: 8/19/2026
      • Listing terms: Cash,Conventional
      • Ownership: Full
      • Electric utility on property: Yes
      • Road surface type: Paved

        Estimated market value

        $706,700

        $657,000 - $763,000

        $3,377/mo

        Price history

        DateEventPrice
        8/19/2026Listed for sale$755,000+75.6%$513/sqft
        Source: Hawaii Information Service #732709 Report a problem
        8/9/2018Sold$430,000-2.1%$292/sqft
        Source: Hawaii Information Service #615749 Report a problem
        4/26/2018Pending sale$439,000$298/sqft
        Source: Windermere/ C and H Properties #615749 Report a problem
        3/9/2018Listed for sale$439,000+15.5%$298/sqft
        Source: Windermere/C and H LLC dba Windermere/C and H Properties #615749 Report a problem
        8/24/2016Sold$380,000-3.8%$258/sqft
        Source: Hawaii Information Service #296766 Report a problem
        6/25/2016Listed for sale$395,000+203.8%$268/sqft
        Source: Mauna Kea Realty #296766 Report a problem
        12/1/2015Sold$130,000-62.8%$88/sqft
        Source: Public Record Report a problem
        10/6/2004Sold$349,000$237/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025-- $614,600 +7.1%
        2024$6,369 +53.1%$573,800 +53.1%
        2023$4,161 +6.7%$374,900 +6.7%
        2022$3,899 +17.3%$351,300 +17.3%
        2021$3,323 +3.9%$299,400 +3.9%
        2020$3,200 $288,300 +6%
        2019-- $272,000 +16.5%
        2018$2,526 +27.9%$233,400 +2.5%
        2017$1,975 $227,600 +15.8%
        2016-- $196,500 +16%
        2015-- $169,400 -1.1%
        2014-- $171,200 +0.4%
        2013-- $170,500 -1.4%
        2012-- $173,000 +1.2%
        2011-- $170,900 -17.3%
        2010-- $206,700 -16.9%
        2009-- $248,600 -6.4%
        2008-- $265,500 +14.7%
        2007-- $231,400 +0.6%
        2006-- $230,000
        Find assessor info on the county website

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        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
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        Climate risks

        Neighborhood: 96740

        Getting around

        16 / 100
        Car-Dependent
        8 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

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